Sanders: Make Public Higher Ed Tuition-Free, Reform Loans, Protect Pell Grants
WASHINGTON, April 13 – In a speech tonight at American University, Sen. Bernie Sanders (I-Vt.) will call for overhauling how college education is financed by allowing students to refinance loans, eliminating federal profits on loans, making 4-year public colleges tuition-free, expanding work-study programs and providing incentives for colleges and universities to keep costs down.
The senator also will call for expanding Pell Grants to help more students afford college through a program targeted for steep cuts by Republican budget makers in Congress. Sanders also said student loan programs must be overhauled to reduce crushing debt loads which now exceed American’s credit card debt.